Margate, FL Utility & Living Guide

Tier 3 Location

Margate, FL Utility & Living Guide

Margate, FL offers a suburban feel with easy access to beaches and urban amenities.

Last updated: June 5, 2026
Total Utilities$255/mo
1BR Rent$1400/mo
Sales Tax7.5%
COL Index105 (+5% above national average)
Family Score6/10
Median Home$380,000
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⚠️ Natural Hazard History — Margate
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💰 Budget Calculator
🔌 Utilities
🏠 Housing
📊 Cost of Living
💰 Taxes
👨‍👩‍👧 Families
🧮 Tools

Monthly Utility Costs

⚡ Electric

$120/mo

Florida Power & Light
🔥 Gas

N/A
💧 Water

$45/mo

City of Margate Utilities
🗑️ Garbage

$25/mo

City of Margate
📶 Internet

$65/mo

Combined Average Overhead $255/month

Housing Market

Rent & Property
1 Bedroom$1400/mo
2 Bedrooms$1800/mo
3 Bedrooms$2400/mo
Median Home Price$380,000
Property Tax Rate1.1%
Avg Childcare/mo$1000

Margate has a mix of affordable mid-century homes and newer developments. Rental options are plentiful but rising in cost due to demand.

Cost of Living

Overall COL Index

105

US national avg = 100
vs National Avg

+5% above national average

Groceries

102

Transportation

98

Healthcare

100

Childcare/mo

$1000

Tax Rates

Tax Overview
Total Sales Tax7.5%
Property Tax Rate1.1%
<p>State 6% + County 1.5%</p>

Florida has no state income tax.

Family & Relocation

Family Vibe Score
6/10
Safety Index

50

Higher = safer
School Rating

6.5/10

GreatSchools avg
Avg Childcare

$1000/mo

City Pulse

Population Trend
+3% growing
Political Climate
Purple
Business Momentum
Moderate with healthcare and retail growth
Top Local Concerns
flooding, traffic congestion, rising housing costs
🚌 Transit for Families

Sidewalks are common but public transit is limited; car-dependent.

🎡 Top Kid Attractions
  • 🎯
    Seminole Casino Coconut Creek
  • 🎯
    Margate Sports Complex
  • 🎯
    Firefighters Park

Best Neighborhoods for Families

Coral Gate and Margate Estates offer parks and top-rated schools. Proximity to Coconut Creek amenities is a plus.

Household Budget Calculator

Estimate your real monthly cost of living in Margate based on your household profile.

Local Briefing & Neighborhood Pulse

Live Local News

Short-term rental restrictions apply; hurricane building codes are strict.

Home values are rising steadily due to migration from pricier coastal areas. Remote work is boosting demand for larger homes.

Financial Tools

Calculators
Planning Tools

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📊 Margate — Census & Demographic Data

Official data from the US Census Bureau, American Community Survey.

💰 Median Household Income
$52,881
👤 Median Age
46.6
🏠 Homeownership Rate
74.2%
🔑 Renter Rate
25.8%
📉 Poverty Rate
12.3%
💼 Unemployment Rate
4.1%
📡 Internet Access
87.6%
🎓 College Educated
22.3%